FDIC auction of Silicon Valley Bank underway — Bloomberg
Our bank deposits are like Santa Clause. They only exist if enough of us believe they exist.
JANET YELLEN: CERTAINLY NOT LOOKING AT REPEATING BANK BAILOUTS OF PAST
Rock — the FED — Hard Place
Obviously they are farthest out on the curve, but the fed was unpredictable enough for it to happen.
Joke of the day:
It’s a soft landing.
With bank runs.
The Fed blew up a bank. Literally. SVB went broke because they were long treasury bonds!
This was not a market decision. This was a policy decision to be “tough on inflation.”
Dutch Farmers declaring war!
If that’s not a revolution speech, I don’t know what is.
https://twitter.com/EvaVlaar/status/1634644294182092801?s=20
Somewhat. Wealthy people are still buying Bitcoin
Working class Bitcoiners are critically underrated.
Guess they need someone 🟠 to vote for. Politics is a tight game of people herding. When Bitcoin tips the scales as a single voter issue it should be adopted by some party and used as leverage. Boom. 🧨
Absolutely. Voters are not being forced to accept this. We can elect Bitcoiners. Bailouts lead to opt outs.
This is a soft war but it is still conflict.
Taxpayers are only forced to socialize losses because they haven’t elected Bitcoiners in democratic elections.
Crazy
You’d have to be a lunatic to be against bailouts. Bailouts lead to opt outs.
🟠 waits.
QE Infinity 🟠
The homemaker has the ultimate career. All other careers exist for one purpose only - and that is to support the ultimate career.
- C.S. Lewis
A father’s duty is to lead a family in a way that makes his daughters want to have their own children and his sons to lead their own family.
This duty can only be fulfilled with cheerful optimism and resilience.
Raise a family in a way that makes them want to raise a family.
We need to stop this dangerous misinformation immediately. How do I contact the board of Nostr?